US Oil, Mining Firms Spared Strict Anti-Corruption Reporting Requirements

December 29, 2020 13:05:06

Last week the Securities and Exchange Commission (SEC) approved regulations governing anti-corruption reports that would apply to mining and energy firms in both Canada and Europe. These rules will require firms to disclose payments made to foreign governments, a move which alerts necessary authorities to possible pay-for-play deals.

However, the reports will not include particular disclosures on anti-corruption that are needed by regulators in…

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